Electric vehicles and more efficient fuel will cut transportation demand for oil by 2040

Electric vehicles and more efficient fuel will cut transportation demand for oil by 2040
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20.11.2018

MOSCOW (MRC) - Electric vehicles and more efficient fuel technology will cut transportation demand for oil by 2040 more than previously expected, but the world may still face a supply crunch without enough investment in new production, said Hydrocarbonprocessing.Oil demand is not expected to peak before 2040, the Paris-based IEA said in its 2018 World Energy Outlook. The IEA's central sce

Full article at mrcplast.com

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